what is the exact purpose of using Ordinary List Squares in machine learning.
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Ordinary Least Squares is a form of statistical regression used as a way to predict unknown values from an existing set of data.
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Explanation:
As ordinary least squares is a form of regression, used to inform predictions about sample data, it is widely used in machine learning. Using the example mentioned above, a machine learning algorithm can process and analyze specific sample data that includes information on both height and shoe size..
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